The typical asking rate per listing is in the $50's per square foot per year. The Capitol Park region is experiencing a an increase in rates. In the last 3 months, the median rate increased $51 per sqft per year.
In the last 90 days, 10 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the listings in the Capitol Park are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 900 sqft. Most buildings in this region are close to 12 floors. Most buildings in this area were built in 1950 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Capitol Park residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.